QUALCOMM Incorporated (QCOM) balance sheet

NASDAQ · Technology · Semiconductors · 52,000 employees · CEO Cristiano Renno Amon

Price: $164.79 -11.12%
Market cap: $176B
Enterprise value: $187B
Last report: Q3 '26 filed 2026-07-29
Next report: 2026-11-04 EPS est. $2.17

At the end of Q3 '26 QUALCOMM Incorporated (QCOM) held $8.3B in cash and short-term investments against $15.3B of debt incl. leases. Total assets $57.4B, total liabilities $29.7B, shareholders' equity $27.7B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$8.45B	$8.13B	$9.22B	$7.77B	$7.85B	$8.71B	$7.2B	$5.45B	$7.84B	$7.21B	$5.44B	$4.53B
Short-term investments	$2.87B	$3.92B	$4.63B	$5.26B	$5.45B	$5.59B	$6.64B	$4.56B	$4.64B	$4.62B	$4.36B	$3.77B
Receivables	$3.18B	$3.51B	$3.05B	$2.95B	$3.93B	$3.55B	$3.7B	$3.41B	$4.32B	$4.15B	$4.35B	$4.67B
Inventory	$6.83B	$6.25B	$6.09B	$6.02B	$6.42B	$6.3B	$6.2B	$6.34B	$8.03B	$6.67B	$7.37B	$8.38B
Other current assets	$1.13B	$1.63B	$1.24B	$1.33B	$1.58B	$1.91B	$2.34B	$5.15B	$935M	$1.97B	$1.6B	$1.65B
Current assets	$22.5B	$23.4B	$24.2B	$23.3B	$25.2B	$26.1B	$26.1B	$24.9B	$25.8B	$24.6B	$23.1B	$23B
Property, plant & equipment (net)	$5.04B	$4.91B	$4.72B	$4.74B	$4.67B	$4.46B	$4.41B	$4.5B	$4.69B	$4.89B	$5.07B	$5.22B
Goodwill	$10.6B	$10.7B	$10.8B	$10.8B	$10.8B	$10.9B	$10.9B	$11.4B	$11.4B	$14.2B	$14.3B	$14.3B
Intangible assets	$1.41B	$1.39B	$1.33B	$1.3B	$1.24B	$1.23B	$1.18B	$1.2B	$1.15B	$1.63B	$1.58B	$1.51B
Deferred tax assets	$3.31B	$3.58B	$3.98B	$4.42B	$5.16B	$5.41B	$5.75B	$6.11B	$743M	$0	$5.97B	$5.68B
Other non-current assets	$8.17B	$8.1B	$8.14B	$8.18B	$8.05B	$7.51B	$7B	$6.77B	$6.45B	$7.72B	$7.16B	$7.68B
Non-current assets	$28.6B	$28.7B	$28.9B	$29.4B	$29.9B	$29.5B	$29.3B	$29.9B	$24.4B	$28.4B	$34B	$34.4B
Total assets	$51B	$52.1B	$53.2B	$52.7B	$55.2B	$55.6B	$55.4B	$54.9B	$50.1B	$53B	$57.1B	$57.4B
Liabilities
Accounts payable	$1.91B	$2.15B	$2.31B	$2.59B	$2.58B	$2.58B	$2.48B	$2.34B	$2.79B	$2.71B	$2.97B	$2.9B
Accrued expenses	$1.69B	$1.76B	$1.25B	$1.78B	$1.83B	$1.42B	$1.25B	$1.59B	$0	$1.51B	$1.37B	$0
Short-term debt	$1.01B	$914M	$914M	$1.36B	$1.46B	$1.37B	$1.37B	$0	$102M	$0	$498M	$2.49B
Taxes payable	$1.72B	$1.06B	$1.09B	$701M	$1.08B	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$293M	$210M	$253M	$263M	$297M	$212M	$232M	$285M	$358M	$379M	$323M	$280M
Other current liabilities	$2.62B	$3.14B	$3.32B	$3.05B	$2.72B	$4.37B	$4.22B	$2.65B	$5.89B	$3.98B	$4.1B	$4.28B
Current liabilities	$9.63B	$9.17B	$9.14B	$9.75B	$10.5B	$9.95B	$9.54B	$7.8B	$9.14B	$9.82B	$9.77B	$11.4B
Long-term debt	$14.5B	$14.6B	$14.5B	$13.2B	$13.3B	$13.2B	$13.3B	$14.8B	$15.5B	$14.8B	$14.8B	$12.8B
Lease obligations (non-current)	$571M	$0	$0	$0	$708M	$0	$0	$0	$730M	$0	$0	$0
Deferred revenue (non-current)	$99M	$93M	$135M	$108M	$88M	$77M	$82M	$93M	$71M	$79M	$70M	$81M
Deferred tax liabilities	$2.41B	$0	$0	$0	$2.61B	$0	$0	$0	$2.73B	$0	$0	$0
Other non-current liabilities	$2.27B	$5.25B	$4.88B	$5.03B	$1.7B	$5.45B	$4.76B	$4.97B	$720M	$5.24B	$5.25B	$5.43B
Non-current liabilities	$19.8B	$19.9B	$19.6B	$18.3B	$18.4B	$18.7B	$18.1B	$19.9B	$19.8B	$20.1B	$20.1B	$18.3B
Total liabilities	$29.5B	$29.1B	$28.7B	$28.1B	$28.9B	$28.7B	$27.6B	$27.7B	$28.9B	$30B	$29.9B	$29.7B
Equity
Common stock & paid-in capital	$490M	$0	$66M	$0	$0	$0	$0	$0	$0	$0	$0	$0
Retained earnings	$20.7B	$22.6B	$24B	$24.3B	$25.7B	$26.6B	$27.3B	$26.6B	$20.6B	$22.5B	$26.9B	$27.3B
Accumulated other comprehensive income	$358M	$493M	$438M	$397M	$587M	$273M	$395M	$657M	$560M	$575M	$377M	$395M
Shareholders' equity	$21.6B	$23.1B	$24.5B	$24.7B	$26.3B	$26.9B	$27.7B	$27.2B	$21.2B	$23.1B	$27.3B	$27.7B
Debt
Total debt (incl. leases)	$16.1B	$15.5B	$15.5B	$14.6B	$15.4B	$14.6B	$14.6B	$14.8B	$16.4B	$14.8B	$15.3B	$15.3B
Net debt (debt - cash)	$7.62B	$7.35B	$6.24B	$6.78B	$7.59B	$5.86B	$7.42B	$9.34B	$8.53B	$7.61B	$9.84B	$10.7B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$5.95B	$35B	$11.8B	$11.8B	$6.71B	$7.12B	$2.77B	$8.45B	$7.85B	$7.84B
Short-term investments	$12.7B	$2.28B	$311M	$421M	$4.51B	$5.3B	$3.61B	$2.87B	$5.45B	$4.64B
Receivables	$2.22B	$3.63B	$2.9B	$2.47B	$4B	$3.58B	$5.64B	$3.18B	$3.93B	$4.32B
Inventory	$1.56B	$2.04B	$1.69B	$1.4B	$2.6B	$3.23B	$7.04B	$6.42B	$6.42B	$8.03B
Other current assets	$558M	$618M	$699M	$634M	$704M	$854M	$1.66B	$1.54B	$1.58B	$935M
Current assets	$23B	$43.6B	$17.4B	$16.8B	$18.5B	$20.1B	$20.7B	$22.5B	$25.2B	$25.8B
Property, plant & equipment (net)	$2.31B	$3.22B	$2.98B	$3.08B	$3.71B	$4.56B	$5.17B	$5.04B	$4.67B	$4.69B
Long-term investments	$13.7B	$1.27B	$35M	$0	$0	$0	$0	$0	$0	$0
Goodwill	$5.68B	$6.62B	$6.5B	$6.28B	$6.32B	$7.25B	$10.5B	$10.6B	$10.8B	$11.4B
Intangible assets	$3.5B	$3.74B	$2.96B	$2.17B	$1.65B	$1.46B	$1.88B	$1.41B	$1.24B	$1.15B
Deferred tax assets	$2.03B	$2.9B	$904M	$1.2B	$1.35B	$1.59B	$1.8B	$3.31B	$5.16B	$743M
Other non-current assets	$2.16B	$4.15B	$1.94B	$3.46B	$4.04B	$6.31B	$8.93B	$8.17B	$8.05B	$6.45B
Non-current assets	$29.4B	$21.9B	$15.3B	$16.2B	$17.1B	$21.2B	$28.3B	$28.6B	$29.9B	$24.4B
Total assets	$52.4B	$65.5B	$32.7B	$33B	$35.6B	$41.2B	$49B	$51B	$55.2B	$50.1B
Liabilities
Accounts payable	$1.86B	$1.97B	$1.83B	$1.37B	$2.25B	$2.75B	$3.8B	$1.91B	$2.58B	$2.79B
Accrued expenses	$934M	$1.18B	$1.08B	$1.05B	$2.54B	$1.53B	$1.49B	$1.69B	$0	$0
Short-term debt	$1.75B	$2.5B	$1.01B	$2.5B	$500M	$2.04B	$1.95B	$1.01B	$1.36B	$102M
Taxes payable	$0	$0	$453M	$480M	$549M	$862M	$634M	$1.72B	$1.08B	$0
Deferred revenue	$509M	$502M	$500M	$565M	$568M	$612M	$369M	$293M	$297M	$358M
Other current liabilities	$2.26B	$4.76B	$6.83B	$3.46B	$2.27B	$3.84B	$3.33B	$2.62B	$5.08B	$5.89B
Current liabilities	$7.31B	$10.9B	$11.2B	$8.94B	$8.67B	$12B	$11.9B	$9.63B	$10.5B	$9.14B
Long-term debt	$10B	$19.4B	$15.4B	$13.4B	$15.2B	$13.7B	$13.5B	$14.5B	$13.3B	$15.5B
Lease obligations (non-current)	$0	$0	$0	$0	$0	$428M	$573M	$571M	$708M	$730M
Deferred revenue (non-current)	$2.38B	$2B	$1.62B	$1.16B	$761M	$364M	$144M	$99M	$88M	$71M
Deferred tax liabilities	$0	$0	$0	$0	$0	$0	$2.27B	$2.41B	$2.61B	$2.73B
Other non-current liabilities	$895M	$2.43B	$3.54B	$4.52B	$4.86B	$4.85B	$2.61B	$2.27B	$1.7B	$720M
Non-current liabilities	$13.3B	$23.8B	$20.5B	$19.1B	$20.8B	$19.3B	$19.1B	$19.8B	$18.4B	$19.8B
Total liabilities	$20.6B	$34.7B	$31.8B	$28B	$29.5B	$31.3B	$31B	$29.5B	$28.9B	$28.9B
Equity
Common stock & paid-in capital	$414M	$274M	$0	$343M	$586M	$0	$195M	$490M	$0	$0
Retained earnings	$30.9B	$30.1B	$663M	$4.47B	$5.28B	$9.82B	$17.8B	$20.7B	$25.7B	$20.6B
Accumulated other comprehensive income	$428M	$384M	$265M	$100M	$207M	$128M	-$22M	$358M	$587M	$560M
Shareholders' equity	$31.8B	$30.7B	$928M	$4.91B	$6.08B	$9.95B	$18B	$21.6B	$26.3B	$21.2B
Debt
Total debt (incl. leases)	$11.8B	$21.9B	$16.4B	$15.9B	$15.7B	$16.3B	$16.2B	$16.1B	$15.4B	$16.4B
Net debt (debt - cash)	$5.81B	-$13.1B	$4.59B	$4.09B	$9.02B	$9.18B	$13.4B	$7.62B	$7.59B	$8.53B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-28, 10-Q 2026-03-29, 10-Q 2025-12-28, 10-K 2025-09-28, 10-Q 2025-06-29, 10-Q 2025-03-30, 10-Q 2024-12-29, 10-K 2024-09-29

Not updated in the last refresh (older data or none shown): SEC segments.

Data as of 2026-11-01